The seabed investigations for the electrical interconnection of Crete with Attica have been completed, aiming at the selection of the technically and environmentally optimal route of the cable and the avoidance of obstacles located on the seabed such as shipwrecks, mines from the Second World War, etc.
The research, according to Ariadne Interconnection, a subsidiary of IPTO that implements the interconnection, was carried out by the contractors of the cable segments, the Italian firm Prysmian and the Norwegian firm Nexans, using high-tech underwater devices that capture the trail of the route.
The depth of the route reaches up to 1,300 meters, a fact that places the “great interconnection” of Crete in the top trio of interconnections with the largest immersion depth in the world.
The submarine direct current cable has a length of 335 km and is expected to be completed in 2023.
From 2024, when both interconnections (Chania – Peloponnese that has been completed and Heraklion – Attica) will be in commercial operation, the financial benefit from the closure of the local power plants of PPC in Crete that operate using oil is estimated at 550 million euros annually, while at the same time the CO2 pollutants for the energy production on the island will be zeroed.
Latest News
Number of Turkish Visitors to Greek Islands up 10-Fold After 7-Day Express Visa
More than 20,000 Turkish tourists flocked to the eastern Aegean isles during a nine-day religious period in the neighboring country
Greece to Protect 198 ‘Untouchable Beaches’
These beaches, numbering 198 across the country, fall within the Natura 2000 network and will be off-limits for concession and, by extension, for the placement of umbrellas, sunbeds, etc.
BoG: Feb. Current Account Deficit up by 1.8bln
At current prices, exports dropped by 10.3% (‑10.7% at constant prices) and imports grew by 5.7% (9.4% at constant prices).
Greece Becoming a ‘Refuge’ for German Pensioners
The government's policies to attract foreign property buyers to boot the economy is working, reports German newspaper Handelsblatt
Iran Activates Air Defense System- Reports of Attack by Israel
An Iranian official said explosions reported by Iran's media were the result of the activation of the country's air defense system, yet media reports attribute them to a drone attack by Israel
Poll: Greeks, EU Citizens Eager to Vote in European Elections
EU citizens are eager to vote in the upcoming elections for the European Parliament in June, with eight in 10 saying the current geopolitical situation makes voting imperative
Mitsotakis-Erdogan Meeting in Ankara Fixed for May 13
The Greek PM himself made the announcement from Brussels on Thursday, while he also responded to a question on Athens' intent to create a marine park in the central Aegean, an environmental initiative
Greece Aims to Boost Energy Capacity, Economy with Offshore Wind Farms
Greece’s Energy Ministry is pushing legislation to accelerate the construction of the first floating wind farms in Greek seas
Reuters: Greek Economy Surges After Decade of Pain
Nevertheless, the article also highlights some of the challenges facing the country, with a falling birthrate and labor shortages posing a threat to the long-term outlook
IMF: Greek Growth in 2024 at 2%; Debt to Ease to 158.8% of GDP This Year
Projected consumer prices are forecast to rise by 2.7%